Spanish Prime Minister Pedro Sanchez discusses the need for the European Union to maintain a constructive relationship with the new Donald Trump administration. He also talks about taxes on foreign home owners, and his hopes for Telefonica SA's new management. Speaking to Bloomberg's Francine Lacqua he also withholds judgment on the merits of the proposed takeover of Banco Sabadell SA by larger rival BBVA SA. He speaks on Bloomberg Television at the World Economic Forum's annual meeting in Davos, Switzerland. 00:00 - Spanish Prime Minister on Donald Trump, US-EU relationship 02:43 - Pedro Sanchez on Spain's relationship with China, diversifying economic ties, opportunities in India 04:53 - Spain PM on housing tax for foreigners 07:36 - Spain's Sanchez on reassuring markets, investors 08:35 - Pedro Sanchez on BBVA's bid on Sabadell 09:51 - Spanish PM on Telefonica latest -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts